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What is the present value of the following stream of cash flows? Assume that the cash flows occur at the end of each year and

What is the present value of the following stream of cash flows? Assume that the cash flows occur at the end of each year and that the annual cost of capital is 10%. Also assume that following year three the cash flows will grow by 5% each year in perpetuity. Round your final answer to two decimals.

Timeline 0 1 2 3
Cash Flow 0 100 200 300

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